Nizhnekamskneftekhim intends to finish construction of the first stage of olefin complex in 2019

Nizhnekamskneftekhim (NKNHk, belongs to the group TAIF), the leading Russian producer of synthetic rubber and plastics, plans to complete construction of the first stage of olefin complex and to begin commissioning in 2019, the press centre of the company reports on its website, citing its general director Azat Bikmurzin.

"In the near future, we will reach signing of contracts for the first phase of detailed design for determining the amount of total capital costs for the construction of ethylene plant. And by May next year, we plan to sign a contract for the design and supply of equipment on the basis of a fixed price," - said A. Bikmurzin.

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